Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Thursday, 9 January 2014

EURUSD

Regardless of whether it is a diagonal or not, price action does not suggest  it is for escaping the bouncing ball syndrome quite yet. I covered my longs at 1.3590 but now moving to net short for another strike down, whether as a retracement or new low. I'll be out of shorts early again and looking to rebuild long position, as that Venus conjunction is coming up Sunday/Monday and a low into tomorrow night would be perfect.
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